by Peter McCarthy | Dec 20, 2017 | Fringe Benefits Tax, Office
Christmas party season is upon us! For the past few weeks workplaces across the country have been holding their Christmas Parties with great enthusiasm as the 2017 work year comes to a close. Amongst the big decisions to be made like what to wear, how drunk to get or...
by PTAM | Apr 4, 2016 | Accounting, Fringe Benefits Tax
With the 2017 FBT year only 4 days old, let’s have a look at some of the benefits that do not attract FBT. The items that do not attract FBT include: a birthday present given to a child who works in a business run by the parents a wedding gift given by parents...
by PTAM | Dec 5, 2015 | Fringe Benefits Tax
Bah Humbug! This is the sound of the Australian Tax Office (ATO) coming to your Christmas party. Specifically, it is the sound of the ATO imposing Fringe Benefits Tax (FBT) upon you for hosting a Christmas party. It doesn’t really sound like the ATO are celebrating...